Price for Fresh or Chilled Chicory, Other than Witloof Chicory in Greece - 2024

Contents:

  1. Price for Fresh or Chilled Chicory, Other than Witloof Chicory in Greece (CIF) - 2024
  2. Price for Fresh or Chilled Chicory, Other than Witloof Chicory in Greece (FOB) - 2022
  3. Imports of Fresh or Chilled Chicory, Other than Witloof Chicory in Greece
  4. Exports of Fresh or Chilled Chicory, Other than Witloof Chicory in Greece

Price for Fresh or Chilled Chicory, Other than Witloof Chicory in Greece (CIF) - 2024

The average import price for fresh or chilled chicory, other than witloof chicory stood at $1,776 per ton in March 2024, approximately equating the previous month. Over the period from March 2023 to March 2024, it increased at an average monthly rate of +1.1%. The pace of growth was the most pronounced in December 2023 an increase of 29% against the previous month. The import price peaked at $2,068 per ton in January 2024; however, from February 2024 to March 2024, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In March 2024, the country with the highest price was the Netherlands ($8,449 per ton), while the price for Spain ($1,040 per ton) was amongst the lowest.

From March 2023 to March 2024, the most notable rate of growth in terms of prices was attained by the Netherlands (+7.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Fresh or Chilled Chicory, Other than Witloof Chicory in Greece (FOB) - 2022

The average export price for fresh or chilled chicory, other than witloof chicory stood at $1,113 per ton in 2022, picking up by 11% against the previous year. Overall, the export price, however, saw a abrupt descent. The growth pace was the most rapid in 2016 when the average export price increased by 86% against the previous year. Over the period under review, the average export prices reached the peak figure at $3,912 per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Serbia ($1,645 per ton), while the average price for exports to Albania ($667 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Serbia (+18.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Fresh or Chilled Chicory, Other than Witloof Chicory in Greece

Imports of fresh or chilled chicory, other than witloof chicory into Greece soared to 1.7K tons in 2022, growing by 23% on 2021. Over the period under review, total imports indicated a buoyant increase from 2019 to 2022: its volume increased at an average annual rate of +5.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +98.0% against 2020 indices. The pace of growth was the most pronounced in 2021 when imports increased by 61% against the previous year. Over the period under review, imports of hit record highs in 2022 and are likely to see steady growth in the immediate term.

In value terms, imports of fresh or chilled chicory, other than witloof chicory surged to $3M in 2022. Overall, total imports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +11.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +96.1% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 50% against the previous year. Over the period under review, imports of attained the peak figure in 2022 and are expected to retain growth in the near future.

Import of Fresh or Chilled Chicory, Other than Witloof Chicory in Greece (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy1,5441,0611,4261,077-11.3%
Belgium4.00.828.71,074545.1%
Poland3752755674476.0%
Spain72.895.311617534.0%
Netherlands11259.994.01202.3%
Bulgaria1.8N/A31.968.5236.4%
Others46.918.44.2N/A-70.1%
Total2,1561,5112,2682,96211.2%

Top Suppliers of Fresh or Chilled Chicory, Other than Witloof Chicory to Greece in 2022:

  1. Belgium (588.6 tons)
  2. Italy (533.7 tons)
  3. Poland (391.9 tons)
  4. Spain (136.8 tons)
  5. Netherlands (45.2 tons)
  6. Bulgaria (44.4 tons)

Exports of Fresh or Chilled Chicory, Other than Witloof Chicory in Greece

Exports of fresh or chilled chicory, other than witloof chicory from Greece rose to 442 tons in 2022, increasing by 4.6% compared with the previous year. Over the period under review, exports, however, showed a deep downturn.

In value terms, exports of fresh or chilled chicory, other than witloof chicory stood at $483K in 2022. In general, exports, however, saw a deep setback.

Export of Fresh or Chilled Chicory, Other than Witloof Chicory in Greece (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Cyprus515369213257-20.7%
Albania87.211115111810.6%
BelgiumN/AN/AN/A30.70%
PolandN/AN/A8.225.6212.2%
Italy3.2N/AN/A21.989.9%
Serbia8.1N/A14.916.226.0%
Ukraine59.422.131.39.8-45.2%
NetherlandsN/A142N/AN/A0%
Others5.45.65.04.6-5.2%
Total679650424483-10.7%

Top Export Markets for Fresh or Chilled Chicory, Other than Witloof Chicory from Greece in 2022:

  1. Cyprus (178.9 tons)
  2. Albania (176.4 tons)
  3. Belgium (27.4 tons)
  4. Poland (21.9 tons)
  5. Italy (15.8 tons)
  6. Serbia (9.9 tons)
  7. Ukraine (8.4 tons)

Source: IndexBox Market Intelligence Platform

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Free Data: Chicory (cichorium spp.), (other than witloof chicory), fresh or chilled - Greece